GBP/JPY Intraday
Updated
Morning Traders!
Yesterday we saw a nice rally on the pair giving it to a supply zone. Today i am looking for a retracement of this rally at least at 50% fibonacci retracement.
Yesterday we saw a nice rally on the pair giving it to a supply zone. Today i am looking for a retracement of this rally at least at 50% fibonacci retracement.
Note
Price testing the upper channel line. Will it break or bounce?Note
Price bouncing.Note
As the price is doing lower highs, it could go lower to the next H4 support level, arround 147,850.Trade closed manually
First target reached, waiting for second.Trade closed manually
Enough for me, market too slow these days, closed 10 pips above the target.
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